UK-Africa Partnership at The Africa Debate 2025: A New Economic Era

As the UK’s leading forum for high-level dialogue on Africa’s economic trajectory, The Africa Debate 2025 will convene over 500 senior leaders from government, finance, and industry to explore this year’s theme: “Harnessing Natural Capital for Growth.” LONDON, United Kingdom, May 8, 2025/ — Invest Africa (www.InvestAfrica.com), the leading platform for promoting trade and investment…

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Global Africa Business Initiative Calls for a Bold Reimagining of Africa’s Economic Narrative

The report also stresses the importance of African institutions taking the lead in changing global risk perceptions and supporting innovative financial solutions to de-risk projects and secure long-term investments NEW YORK, United States of America, February 5, 2025/ — The Global Africa Business Initiative (GABI) issued its Unstoppable Africa 2024 Executive Summary today, shedding light…

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Seychelles Forum Tackles Business Financing Challenges

Improving access to affordable funding, with a particular focus on empowering small and medium enterprises (SMEs) VICTORIA, Seychelles, December 19, 2024/ — President Wavel Ramkalawan convened a pivotal meeting at State House, bringing together senior representatives from the Bankers Association, the Central Bank of Seychelles, and the Ministry of Investment, Entrepreneurship and Industry. The forum…

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Abidjan-Lagos Corridor Highway Set to Transform West Africa’s Economy by 2030

ABIDJAN, Ivory Coast, November 26, 2024/ — The Abidjan-Lagos corridor highway, a 1,028-kilometer transnational coastal motorway connecting Côte d’Ivoire to Nigeria via Ghana, Togo, and Benin, is poised to become a key economic and industrial hub in West Africa by 2030. The African Development Bank (AfDB), alongside its partners, unveiled plans for the project during a…

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Coca-Cola Beverages Africa invests $50 Million to boost Namibia’s production

The investment also includes the installation of a water treatment plant with advanced water recovery technology designed to reduce water consumption. WINDHOEK, Namibia, November 4, 2024/ — Coca-Cola Beverages Africa has invested $50 million in a new bottling line in Namibia, capable of producing 27,000 bottles per hour. This upgrade will increase the plant’s output…

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VistaJet Expands: East and South Africa Roadshow for Economic Growth

The African Roadshow Reaffirms Commitment Toward the Region’s Economic Development DUBAI, United Arab Emirates, November 4, 2024/ — VistaJet , a global business aviation company, is set to organize its first-ever East and South Africa Static Display Roadshow, showcasing its flagship aircraft, the Bombardier Global 7500. The event will commence in Kenya’s capital, Nairobi, followed…

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Unlocking Africa’s Trade Potential at Biashara Africa 2024

KIGALI, Rwanda, October 15, 2024/ — The African Development Bank supported the Biashara Africa 2024 Business Forum ( AfCFTA ) Business Forum, held from 9 to 11 October 2024 in Kigali, Rwanda. The forum, organized by the African Continental Free Trade Area (AfCFTA), brought together industry leaders, policymakers and government representatives to promote African trade…

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Madagascar Secures $67.3M Loan for Economic Growth

The loan from the African Development Fund, the Bank Group’s concessional financing window, includes funding from the Transition Support Facility. ABIDJAN, Ivory Coast…, The Board of Directors of the African Development Bank Group approved a loan of $67.3 million to Madagascar. The loan will implement the first phase of its economic growth-inducing Financial Management and…

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Dubai World Trade Centre Drives Impact as Economic Output Surges to US$4.98 Billion in 2023, up 40% YoY

Dubai World Trade Centre (DWTC) has reaffirmed its pivotal role in driving Dubai’s economy with a remarkable surge in economic output in 2023. Hosting 301 events and attracting 2.47 million participants, including 1.54 million from overseas, DWTC’s impact on adjacent industries such as Travel, Accommodation, and Retail was substantial. The 2023 Economic Impact Assessment (EIA)…

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